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A union leader has warned the owner of power firm Belco not sell the company to Canadian investors. Chris Furbert, president of the Bermuda Industrial Union, highlighted rumours heard “through the grapevine” that Sean Durfy, the Canadian chief execut...

Workers need union protection, a labour leader said yesterday. Chris Furbert, head of the Bermuda Industrial Union, said the Butterfield Bank decision to shed staff and close the Rosebank branch underlined the case for trade union representation. Mr ...

An emergency meeting of the Bermuda Police Association was held yesterday amid concerns over the state of employment negotiations. Leaders of the organisation sought feedback from its members on how best to proceed. Sergeant Andrew Harewood, the chai...

Boosting the working population with more foreigners would help ease financial pressures on Bermudians, the Opposition claimed yesterday. The One Bermuda Alliance said the island needs an attractive immigration policy and expected to see the controve...

Curtis Dickinson told a business audience yesterday that he would have liked to have started from scratch with tax reform, rather than modify the existing code. In his maiden Budget Statement last Friday, Mr Dickinson introduced none of the new taxes...

This year’s Budget is the first in 16 years to be balanced, the Premier said yesterday. David Burt declared that the island’s debt was to fall “for the first time since 2003”, in a Budget that “reflects our vision, and clearly demonstrates fiscal dis...

Bermuda’s business leaders were overwhelmingly optimistic at the annual Bermuda Chamber of Commerce Budget breakfast. Attendee Zina Edwards Malcolm, called the 2019 Budget “a hell of a relief”. “I am quite relieved that there weren’t any major extra ...

Increases to land tax announced in the Budget will mean greater burdens for a struggling sector, estate agents warned. Property experts feared the changes outlined by Curtis Dickinson, the finance minister, were not enough to stimulate the ailing com...

The business world was spared big tax hikes as the Minister of Finance delivered his first Budget yesterday. Curtis Dickinson said that the anticipated revenues for the next financial year were about $1.118 billion — $28.6 million or 2.6 per cent hig...

A hush fell on the House of Assembly yesterday as all eyes turned to Curtis Dickinson when he rose to deliver his first Budget. Mr Dickinson, who took the finance portfolio in November 2018, acknowledged the milestone. He told MPs that he represented...